\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

An extremely overlooked tax on the UMC and above: end of life care

If you have any assets at all they'll be depleted if you hav...
erotic water buffalo
  06/05/23
There is long term care insurance dumbass.
Floppy iridescent business firm
  06/05/23
Can't you get around that by putting your shit in a trust
Umber Pervert
  06/05/23
Yeah but then you are stuck in a Medicaid home and there are...
erotic water buffalo
  06/05/23
To be fair, how horrible. If you don't pay for special care,...
razzle-dazzle coiffed home bbw
  06/05/23
Why doesn't everyone just get the same benefit, which is $50...
erotic water buffalo
  06/05/23
To be fair, because nothing in our system is fair and burn i...
razzle-dazzle coiffed home bbw
  06/05/23
The point is it's silly because it just wipes away everyone'...
erotic water buffalo
  06/05/23
To be fair, "The point is it's silly because it just wi...
razzle-dazzle coiffed home bbw
  06/05/23
boomers are going to learn how horrible their political choi...
histrionic boistinker temple
  06/05/23
To be fair, they are. This is why they want to run away or d...
razzle-dazzle coiffed home bbw
  06/05/23
You can but it's got to be irrevocable + there is a five yea...
judgmental property jewess
  06/05/23
...
Trip Azure Trailer Park Round Eye
  06/05/23
...
fluffy dilemma
  09/06/23
Cheap nursing homes move olds to hospice asap afaik
Aqua passionate public bath deer antler
  06/05/23
most will get cancer and die in 1-4 years.
diverse rehab background story
  06/05/23
flu season wipes 47% of them out
Pontificating duck-like school
  06/05/23
that's why you save for retirement you dumb asshole. wtf di...
Insecure Double Fault Shrine
  06/05/23
i think you missed the point brother
erotic water buffalo
  06/05/23
buying toilet paper is a tax by your logic
Insecure Double Fault Shrine
  06/05/23
Is the government giving some people toilet paper for free?
erotic water buffalo
  06/05/23
probably
Insecure Double Fault Shrine
  06/05/23
yes
territorial burgundy hissy fit
  06/05/23
(POWERGOY saving for retirement so the Retirement Home run b...
carnelian chapel degenerate
  06/05/23
...
fragrant grizzly box office hairy legs
  06/05/23
...
Honey-headed glittery national candlestick maker
  06/05/23
lol
splenetic chocolate friendly grandma site
  09/06/23
i always assumed medicaid was based on ur income so since u ...
carnelian chapel degenerate
  06/05/23
LJL it's not hard for the gov't to count your money unless y...
erotic water buffalo
  06/05/23
seriously, how retard? as i said brokerage balances arent on...
carnelian chapel degenerate
  06/05/23
you don't think the government can easily find out what's in...
erotic water buffalo
  06/05/23
they wld need a subpoena u faggot, THE MAJESTY OF THE LAW DE...
carnelian chapel degenerate
  06/05/23
you found the one weird trick
erotic water buffalo
  06/05/23
Are you retarded?
razzmatazz state
  06/05/23
Yes, I am
carnelian chapel degenerate
  06/05/23
To be fair, for certain care and benefits care for elderly, ...
razzle-dazzle coiffed home bbw
  06/05/23
TBF, yea but how wld they even verify, just cause u sign und...
carnelian chapel degenerate
  06/05/23
You don’t have to prosecute everyone for Medicare frau...
Talented orchid mad cow disease
  06/05/23
ohhh im sure that will wokrk, amerikkkans are sooo ethical a...
carnelian chapel degenerate
  06/05/23
you are a 60 year old jewish homosexual
Insecure Double Fault Shrine
  06/05/23
To be fair, all bank accounts worldwide are registered with ...
razzle-dazzle coiffed home bbw
  06/05/23
hey retard, OH THE BANKS ARE REGISTERED !!! woilllaaa the IR...
carnelian chapel degenerate
  06/05/23
God you're a fucking moron
razzmatazz state
  06/05/23
no furking shit
carnelian chapel degenerate
  06/05/23
You're correct in that the IRS can't just go peering into yo...
razzmatazz state
  06/05/23
Don't forget the "grocery store tax" where people ...
Translucent Set
  06/05/23
...
razzle-dazzle coiffed home bbw
  06/05/23
...
Balding jet-lagged cuck
  06/05/23
...
adventurous amber persian
  06/05/23
...
Sticky abode
  06/05/23
Fine I guess I could have phrased it better. My point is ...
erotic water buffalo
  06/05/23
...
Nighttime odious parlour mental disorder
  06/05/23
...
splenetic chocolate friendly grandma site
  09/06/23
LMAO at freeloader Tommy signaling he plans to cum back to '...
Sticky abode
  06/05/23
id rather die in pattaya then go back to US to have niggas b...
carnelian chapel degenerate
  06/05/23
This is why you have lots of kids and maintain strong, healt...
chartreuse exciting market
  06/05/23
Die at your home, killself if need be. Nursing homes are ho...
Navy Underhanded Church Building
  06/05/23
To be fair, 100% correct. Sad as fuck brother and I've been ...
razzle-dazzle coiffed home bbw
  06/05/23
lmao joos will never allow that
Startled police squad knife
  06/05/23
its very important that we continue to prop up the insurance...
Purple heaven brethren
  06/05/23
You have to distinguish between assisted living/long term ca...
buff office messiness
  06/05/23
To be fair, last 2 sentences is key.
razzle-dazzle coiffed home bbw
  06/05/23
just rofl at the US, for 50,000 years old ppl just died or g...
carnelian chapel degenerate
  06/05/23
always laugh imagining some 78 year old HLS grad reading TT'...
Sticky abode
  06/05/23
...
Nighttime odious parlour mental disorder
  06/05/23
...
Yapping narrow-minded stage
  06/05/23
TT's boat poasts were right up there with Thor Heyerdal. I'm...
buff office messiness
  06/06/23
Great scholarship
Twinkling nowag trust fund
  06/05/23
So you're saying $12-20k/month is less than your normal hous...
low-t dull legend
  06/05/23
Yes, that's right. I figure if we're in assisted living we'r...
buff office messiness
  06/05/23
So basically the only reason u would "want" assist...
low-t dull legend
  06/05/23
Many people are in assisted living because they are too frai...
buff office messiness
  06/05/23
Cr
Honey-headed glittery national candlestick maker
  06/05/23
I will have transferred all my assets and wealth to my kids ...
Brass theatre personal credit line
  06/05/23
That's why it's important to get citizenship in eu. If u end...
low-t dull legend
  06/05/23
lol boor: "Citizenship needed now. Must have papers...
territorial burgundy hissy fit
  06/05/23
That's why I think annuities get a bad rap as a retirement v...
racy hell
  06/05/23
My father said the only time he was ever swindled by insuran...
low-t dull legend
  06/05/23
"Insurance man bad. Father tell great history of strug...
territorial burgundy hissy fit
  06/05/23
I bet u really do steal $$ from ukrainian donation funds, ug...
low-t dull legend
  06/05/23
sorry, boor, but I'm not an insurance man.
territorial burgundy hissy fit
  06/05/23
You can and should be your own agent and shop around for the...
racy hell
  06/05/23
How do you face the grave -- the annihilation of your body a...
marvelous lettuce
  06/05/23
To be fair, this isn't hospice.
razzle-dazzle coiffed home bbw
  06/05/23
Many people have children that they care deeply about?
erotic water buffalo
  06/05/23
So kill yourself if leaving your kids money is so important
marvelous lettuce
  06/05/23
To be fair, if leaving money to your kids is important, yet ...
razzle-dazzle coiffed home bbw
  06/05/23
Pretty sure being taken care of at home with your kids would...
erotic water buffalo
  06/05/23
My end of life care will be a bullet through my brain.
Costumed soggy nursing home
  06/05/23
...
marvelous lettuce
  06/05/23
...
Charcoal forum potus
  06/05/23
...
Umber Pervert
  06/05/23
18000000000000
splenetic chocolate friendly grandma site
  09/06/23
Also this isn’t just UMC. Applies to middle class sav...
erotic water buffalo
  06/05/23
Let inflation take a crack at those savings first.
Charcoal forum potus
  06/05/23
My brother has been campaigning for my mom to put the house ...
outnumbered charismatic tank boltzmann
  06/05/23
This happened to my grandfather. Spent the last six years o...
rebellious jet volcanic crater ladyboy
  06/05/23
If he had splurged all his money instead he would’ve r...
erotic water buffalo
  06/05/23
He was a very frugal Greatest Gen guy. Kept toolboxes of ca...
rebellious jet volcanic crater ladyboy
  06/10/23


Poast new message in this thread



Reply Favorite

Date: June 5th, 2023 2:18 PM
Author: erotic water buffalo

If you have any assets at all they'll be depleted if you have to live in a nursing home or require any long term care because Medicare doesn't pay for it.

Medicaid only kicks in after someone runs out of assets. So the people that don't have any never pay for long term care.

This is basically a wealth/inheritance tax on anyone that saves money.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46391993)



Reply Favorite

Date: June 5th, 2023 3:24 PM
Author: Floppy iridescent business firm

There is long term care insurance dumbass.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392257)



Reply Favorite

Date: June 5th, 2023 2:19 PM
Author: Umber Pervert

Can't you get around that by putting your shit in a trust

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46391995)



Reply Favorite

Date: June 5th, 2023 2:20 PM
Author: erotic water buffalo

Yeah but then you are stuck in a Medicaid home and there are restrictions/downsides as the poster below said.

So basically if you don't have any assets the gov't is paying $50-$100k a year for you. If you do, you don't get any of that unless you run out.



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392008)



Reply Favorite

Date: June 5th, 2023 2:38 PM
Author: razzle-dazzle coiffed home bbw

To be fair, how horrible. If you don't pay for special care, you get care like regular Joes. So unfair and clearly a huge tax on the UMC.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392088)



Reply Favorite

Date: June 5th, 2023 3:25 PM
Author: erotic water buffalo

Why doesn't everyone just get the same benefit, which is $50-100k a year in rent and healthcare?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392262)



Reply Favorite

Date: June 5th, 2023 5:12 PM
Author: razzle-dazzle coiffed home bbw

To be fair, because nothing in our system is fair and burn it down. But omg, we give poors an unfair benefit that they get govt sponsored crack community homes to die in!

If you think its really that unfavorable, make sure to have $2k in assets or less when you need daily care. I am sure thats a win!

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392619)



Reply Favorite

Date: June 5th, 2023 5:20 PM
Author: erotic water buffalo

The point is it's silly because it just wipes away everyone's savings.

Give everyone the option for Medicaid style homes provided by the gov't.

It's essentially a wealth tax.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392646)



Reply Favorite

Date: June 5th, 2023 5:26 PM
Author: razzle-dazzle coiffed home bbw

To be fair, "The point is it's silly because it just wipes away everyone's savings."

Ya, those without family to care for them and those who want to live a shitty quality of life rather than biting the bullet.

"It's essentially a wealth tax."

We should have a much stronger one, but this is all we got. Soon it will wealth test your kids.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392659)



Reply Favorite

Date: June 5th, 2023 5:05 PM
Author: histrionic boistinker temple

boomers are going to learn how horrible their political choices were when they're at the mercy of the truly awful mud people and nigs who will be "caring" for them

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392600)



Reply Favorite

Date: June 5th, 2023 5:10 PM
Author: razzle-dazzle coiffed home bbw

To be fair, they are. This is why they want to run away or die, but ((they)) want to keep them barely alive to keep getting that daily rate from Medicaid.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392614)



Reply Favorite

Date: June 5th, 2023 2:22 PM
Author: judgmental property jewess

You can but it's got to be irrevocable + there is a five year clawback

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392021)



Reply Favorite

Date: June 5th, 2023 2:23 PM
Author: Trip Azure Trailer Park Round Eye



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392028)



Reply Favorite

Date: September 6th, 2023 10:17 PM
Author: fluffy dilemma



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46763462)



Reply Favorite

Date: June 5th, 2023 4:29 PM
Author: Aqua passionate public bath deer antler

Cheap nursing homes move olds to hospice asap afaik

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392485)



Reply Favorite

Date: June 5th, 2023 2:19 PM
Author: diverse rehab background story

most will get cancer and die in 1-4 years.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392001)



Reply Favorite

Date: June 5th, 2023 9:54 PM
Author: Pontificating duck-like school

flu season wipes 47% of them out

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393504)



Reply Favorite

Date: June 5th, 2023 2:21 PM
Author: Insecure Double Fault Shrine

that's why you save for retirement you dumb asshole. wtf did you think all that shit is supposed to just do towards?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392013)



Reply Favorite

Date: June 5th, 2023 2:22 PM
Author: erotic water buffalo

i think you missed the point brother

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392018)



Reply Favorite

Date: June 5th, 2023 2:24 PM
Author: Insecure Double Fault Shrine

buying toilet paper is a tax by your logic

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392037)



Reply Favorite

Date: June 5th, 2023 2:25 PM
Author: erotic water buffalo

Is the government giving some people toilet paper for free?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392043)



Reply Favorite

Date: June 5th, 2023 2:53 PM
Author: Insecure Double Fault Shrine

probably

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392143)



Reply Favorite

Date: June 5th, 2023 3:19 PM
Author: territorial burgundy hissy fit

yes

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392236)



Reply Favorite

Date: June 5th, 2023 2:23 PM
Author: carnelian chapel degenerate

(POWERGOY saving for retirement so the Retirement Home run by "Our Ladies of the Rat Faced Demons" can take all his retirement)

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392026)



Reply Favorite

Date: June 5th, 2023 2:30 PM
Author: fragrant grizzly box office hairy legs



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392057)



Reply Favorite

Date: June 5th, 2023 3:06 PM
Author: Honey-headed glittery national candlestick maker



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392185)



Reply Favorite

Date: September 6th, 2023 10:27 PM
Author: splenetic chocolate friendly grandma site

lol

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46763535)



Reply Favorite

Date: June 5th, 2023 2:22 PM
Author: carnelian chapel degenerate

i always assumed medicaid was based on ur income so since u barely have any in retirement u qualify, how the furk wld they even determine ur "assets"? ur credit report wldnt show ur brokerage account balances

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392017)



Reply Favorite

Date: June 5th, 2023 2:22 PM
Author: erotic water buffalo

LJL it's not hard for the gov't to count your money unless you have it buried.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392024)



Reply Favorite

Date: June 5th, 2023 2:23 PM
Author: carnelian chapel degenerate

seriously, how retard? as i said brokerage balances arent on credit report, even the IRS i dont think gets that info on annual tax filings

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392032)



Reply Favorite

Date: June 5th, 2023 2:25 PM
Author: erotic water buffalo

you don't think the government can easily find out what's in your Edward Jones if you agree to let them investigate your finances?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392041)



Reply Favorite

Date: June 5th, 2023 2:28 PM
Author: carnelian chapel degenerate

they wld need a subpoena u faggot, THE MAJESTY OF THE LAW DEMANDS IT. for ppl applyin for medicaid there is no way they are goin to investigate every single person, faggot



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392054)



Reply Favorite

Date: June 5th, 2023 2:30 PM
Author: erotic water buffalo

you found the one weird trick

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392059)



Reply Favorite

Date: June 5th, 2023 2:23 PM
Author: razzmatazz state

Are you retarded?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392030)



Reply Favorite

Date: June 5th, 2023 2:24 PM
Author: carnelian chapel degenerate

Yes, I am

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392034)



Reply Favorite

Date: June 5th, 2023 2:39 PM
Author: razzle-dazzle coiffed home bbw

To be fair, for certain care and benefits care for elderly, it is asset-based.

HTH



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392094)



Reply Favorite

Date: June 5th, 2023 2:43 PM
Author: carnelian chapel degenerate

TBF, yea but how wld they even verify, just cause u sign under penalty of perjury doesnt mean it has to be true... one weird trick

Besides income, your assets will be counted toward meeting eligibility requirements. Countable assets include checking and savings account balances, CDs, stocks, and bonds.

In most states, you can retain up to $2,000 as an individual and $3,000 for a married couple outside of your countable assets. However, these amounts may vary depending on the state in which you live.

7

Your home, your car, personal belongings, or your savings for funeral expenses remain outside of countable assets. If you can prove other assets are not accessible (because they are in an irrevocable trust, for example), they too are exempt. A house must be a principal residence and does not count as long as the nursing home resident or their spouse lives there or intends to return there.

8

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392112)



Reply Favorite

Date: June 5th, 2023 2:50 PM
Author: Talented orchid mad cow disease

You don’t have to prosecute everyone for Medicare fraud just enough to scare the rest of the people into being honest when they sign under penalty of perjury

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392125)



Reply Favorite

Date: June 5th, 2023 2:52 PM
Author: carnelian chapel degenerate

ohhh im sure that will wokrk, amerikkkans are sooo ethical applying for govt benefits!!

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392135)



Reply Favorite

Date: June 5th, 2023 2:55 PM
Author: Insecure Double Fault Shrine

you are a 60 year old jewish homosexual

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392153)



Reply Favorite

Date: June 5th, 2023 2:55 PM
Author: razzle-dazzle coiffed home bbw

To be fair, all bank accounts worldwide are registered with the IRS if you open them with a US passport.

Cars are registered in your name. Sure, you could sell it under market to family, wow CONGRATS on hiding a few grand of cash!

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392152)



Reply Favorite

Date: June 5th, 2023 3:10 PM
Author: carnelian chapel degenerate

hey retard, OH THE BANKS ARE REGISTERED !!! woilllaaa the IRS can now just check ur balance at will!!!

ROFL NO NIGGA, and most ppl keep their money in stooks in brokerage accounts, IRS has no idea amount

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392198)



Reply Favorite

Date: June 5th, 2023 3:27 PM
Author: razzmatazz state

God you're a fucking moron

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392274)



Reply Favorite

Date: June 5th, 2023 3:29 PM
Author: carnelian chapel degenerate

no furking shit

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392283)



Reply Favorite

Date: June 5th, 2023 3:44 PM
Author: razzmatazz state

You're correct in that the IRS can't just go peering into your bank account balances w/o a court order

However, they don't need to do that. They can just wait for a bank to 1099 you. Any 1099 at all is going to set off red flags when you're supposed to be destitute.

Furthermore, when you're at the point where you need to go into a nursing home, you're generally incapable of making your own decisions (or soon will be), so someone with a power of attorney is going to be involved. You might be willing to risk a fraud charge when you're decrepit and dying, but your POA won't have the same risk tolerance.

Finally, good luck to your heirs at getting hidden assets out of your estate when you do kick the bucket.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392336)



Reply Favorite

Date: June 5th, 2023 2:31 PM
Author: Translucent Set

Don't forget the "grocery store tax" where people are expected to pay their own money to acquire the food they eat.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392065)



Reply Favorite

Date: June 5th, 2023 2:40 PM
Author: razzle-dazzle coiffed home bbw



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392098)



Reply Favorite

Date: June 5th, 2023 2:50 PM
Author: Balding jet-lagged cuck



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392126)



Reply Favorite

Date: June 5th, 2023 2:51 PM
Author: adventurous amber persian



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392129)



Reply Favorite

Date: June 5th, 2023 2:53 PM
Author: Sticky abode



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392137)



Reply Favorite

Date: June 5th, 2023 3:27 PM
Author: erotic water buffalo

Fine I guess I could have phrased it better.

My point is that the UMC loses out on a benefit that everyone else gets worth potentially hundreds of thousands to a million dollars. But they are the ones paying for it.



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392272)



Reply Favorite

Date: June 5th, 2023 9:51 PM
Author: Nighttime odious parlour mental disorder



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393492)



Reply Favorite

Date: September 6th, 2023 10:27 PM
Author: splenetic chocolate friendly grandma site



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46763539)



Reply Favorite

Date: June 5th, 2023 2:31 PM
Author: Sticky abode

LMAO at freeloader Tommy signaling he plans to cum back to 'shithole' America to be taken care of by Haitians when he's too old and decrepit

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392066)



Reply Favorite

Date: June 5th, 2023 2:53 PM
Author: carnelian chapel degenerate

id rather die in pattaya then go back to US to have niggas bath me

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392139)



Reply Favorite

Date: June 5th, 2023 2:40 PM
Author: chartreuse exciting market

This is why you have lots of kids and maintain strong, healthy relationships with them so they can help care for you and coordinate care they can't do themselves

Also get long term care insurance

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392099)



Reply Favorite

Date: June 5th, 2023 2:53 PM
Author: Navy Underhanded Church Building

Die at your home, killself if need be. Nursing homes are horrid.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392144)



Reply Favorite

Date: June 5th, 2023 2:55 PM
Author: razzle-dazzle coiffed home bbw

To be fair, 100% correct. Sad as fuck brother and I've been to many.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392154)



Reply Favorite

Date: June 5th, 2023 3:13 PM
Author: Startled police squad knife

lmao joos will never allow that

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392209)



Reply Favorite

Date: June 5th, 2023 2:55 PM
Author: Purple heaven brethren

its very important that we continue to prop up the insurance industry

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392156)



Reply Favorite

Date: June 5th, 2023 2:58 PM
Author: buff office messiness

You have to distinguish between assisted living/long term care and skilled nursing facility care. For the latter, Medicare pays only for the first 20 days, then you pay $200/day co-pay through day 100. Some Medigap plans will cover the co-pay. Beyond day 100 you are on your own without additional long term care insurance. My experience with skilled nursing care is that it can be $25K-50K/month depending on where you live and what's wrong with you.

Long term care or assisted living is not covered by Medicare at all. It typically costs $3K/month in a group home up to much more in a deluxe facility and depending upon your level of care.

Medicaid will cover skilled nursing, but not every place takes it. You will be booted out of skilled nursing if you are not showing improvement. Long term care, which is more custodial, is also covered by Medicaid, but again, not every place takes it. From what I have seen the places that take Medicaid as not as nice as the ones that do not.

Medicaid qualification varies by state. The income limit is something like $2700/month and the asset limit is $2K. There is some variability as to what is included/excluded from state to state, but in general it's a low amount. You may be able to keep a house, but the state usually has the right to recover what they spend on you from sale of the house after your death.

It is possible to put assets into a Medicaid asset protection trust. The trust is irrevocable and must be begun at least 5 years before you need the funding. That way you can pass the asset test without handing over everything to them first.

Long term care insurance can be purchased to pay some or all of care costs. It's expensive, the benefits may not cover all costs, and you are counting on the policy not being terminated before you need it. I have elected not get it. My wife and could live more cheaply in long term care (not skilled nursing) than we do at home. We could both get into a really nice place for $12-20K/month, meals included.

I got into all of this when my sister needed long term care. I elected to avoid Medicaid for her, though she would have qualified. I think the care is of a lower level and the Medicaid long term care places were horrible in her area. I just paid the freight rather than subject her to that. She was in assisted living for nearly 6 years. I was able to get her VA benefits through her late husband's service which defrayed some of the cost.

Most people don't spend a long time in skilled nursing. Either you get better or you die. Medicare does allow you to go in and out, so you can spend 100 days (if you have a good supplement) in skilled nursing, get out for a while, incur a new condition (or have the old one flare up), then go back in for another 100 days.

It's a service you pay for. In the old days aged folks moved in with relatives and just died because medicine was not so advanced. Now you can take your time exiting.



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392167)



Reply Favorite

Date: June 5th, 2023 3:04 PM
Author: razzle-dazzle coiffed home bbw

To be fair, last 2 sentences is key.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392177)



Reply Favorite

Date: June 5th, 2023 3:17 PM
Author: carnelian chapel degenerate

just rofl at the US, for 50,000 years old ppl just died or got taken care of by their kids/family, now u have this insane system. why? because of the JEWS. the jews did this 100%

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392223)



Reply Favorite

Date: June 5th, 2023 6:22 PM
Author: Sticky abode

always laugh imagining some 78 year old HLS grad reading TT's poasts

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392812)



Reply Favorite

Date: June 5th, 2023 9:54 PM
Author: Nighttime odious parlour mental disorder



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393505)



Reply Favorite

Date: June 5th, 2023 10:52 PM
Author: Yapping narrow-minded stage



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393681)



Reply Favorite

Date: June 6th, 2023 11:26 AM
Author: buff office messiness

TT's boat poasts were right up there with Thor Heyerdal. I'm just like you guys, only older. You'll figure it out.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46395014)



Reply Favorite

Date: June 5th, 2023 3:20 PM
Author: Twinkling nowag trust fund

Great scholarship

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392243)



Reply Favorite

Date: June 5th, 2023 3:23 PM
Author: low-t dull legend

So you're saying $12-20k/month is less than your normal housing expenses?? I thought for that I could have a house and a maid on cote dazure? It seems for most conditions "long term care" does not add anything over a maid.. exceptions might be something like stroke or otherwise paralysis where u need someone to treat your decubitus ulcers or feed u through a gtube.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392253)



Reply Favorite

Date: June 5th, 2023 5:00 PM
Author: buff office messiness

Yes, that's right. I figure if we're in assisted living we're not going to be needing a bunch of cars/clothes/vacations/groceries/utilities, etc. How much care you can get in assisted living varies with the place. Normally the base includes food, housing, housekeeping, meds management and some recreational stuff. If you need PT or OT, home health care normally does that. Some assisted living places will handle IV drug administration/respiratory therapy, etc. Most of them will provide bathing, etc. It varies.

In the last place my sis was in there was a woman who was completely paralyzed and had to be lifted out of bed, bathed, fed, etc. She married the guy who lay on his bed and stared at the ceiling all day. After marriage he sat in a chair by her bed and stared at the wall all day.

In another place there was a poor woman named Judy, who was completely immobile and curled into a fetal position all the time. One night as I was leaving she called me into her room and asked me to call a taxi for her. I asked her where she was going, and she said, "Vegas!"

My sister, who always liked men, liked to get her baths from the gay black nurse. She really liked him. I don't think she got that he was gay.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392587)



Reply Favorite

Date: June 5th, 2023 6:26 PM
Author: low-t dull legend

So basically the only reason u would "want" assisted living is if your brain or spine is completely gone. Most other cases including cancer ud rather spend the last year of your life eating out at restaurants and watching the sea while u still can, maybe even visiting grandkids.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392827)



Reply Favorite

Date: June 5th, 2023 7:56 PM
Author: buff office messiness

Many people are in assisted living because they are too frail to take care of themselves. They wear diapers and can’t bathe. Many have dementia. There are a lot of ways to become infirm.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393108)



Reply Favorite

Date: June 5th, 2023 4:08 PM
Author: Honey-headed glittery national candlestick maker

Cr

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392419)



Reply Favorite

Date: June 5th, 2023 3:11 PM
Author: Brass theatre personal credit line

I will have transferred all my assets and wealth to my kids by 70yo and I’ll live on cat food from then on

dying with money is TTT

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392201)



Reply Favorite

Date: June 5th, 2023 3:12 PM
Author: low-t dull legend

That's why it's important to get citizenship in eu. If u end up in a nursing home in USA ure a retard.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392203)



Reply Favorite

Date: June 5th, 2023 3:21 PM
Author: territorial burgundy hissy fit

lol boor:

"Citizenship needed now. Must have papers and moneys. No whores allowed. Whores want moneys and buy too many things. Go to Europe and buy condo. Bear price condos in Bratislava?"

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392247)



Reply Favorite

Date: June 5th, 2023 3:20 PM
Author: racy hell

That's why I think annuities get a bad rap as a retirement vehicle. In most states they are exempt from creditors. So you can count on your 3k/month or whatever to come in without fail, regardless of how much medical debt you incur.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392242)



Reply Favorite

Date: June 5th, 2023 3:25 PM
Author: low-t dull legend

My father said the only time he was ever swindled by insurance salesmen was when someone sold him an annuity. Advertised it as some protection against bear marker. He told me have fun gambling on stock market, u know the rules, just don't buy any annuities from insurance quacks.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392263)



Reply Favorite

Date: June 5th, 2023 3:33 PM
Author: territorial burgundy hissy fit

"Insurance man bad. Father tell great history of struggle with insurance man. Man, many moon ago, father meet insurance man. Insurance man speak with fork tongue. Father loses his way and falls for spell. Insurance man take father moneys. Never forget! Insurance man want moneys like whore. Why always want condo and moneys?"

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392300)



Reply Favorite

Date: June 5th, 2023 3:43 PM
Author: low-t dull legend

I bet u really do steal $$ from ukrainian donation funds, ugly spic

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392332)



Reply Favorite

Date: June 5th, 2023 3:45 PM
Author: territorial burgundy hissy fit

sorry, boor, but I'm not an insurance man.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392341)



Reply Favorite

Date: June 5th, 2023 4:04 PM
Author: racy hell

You can and should be your own agent and shop around for the best product. If you ever incur huge medical bills, you will wish you had that 500k in savings in a creditor-exempt annuity rather than in the stock market or whatever where it can be seized by creditors.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392402)



Reply Favorite

Date: June 5th, 2023 5:16 PM
Author: marvelous lettuce

How do you face the grave -- the annihilation of your body and mind -- and care about whether you or the government will pay for your end of life care?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392637)



Reply Favorite

Date: June 5th, 2023 5:17 PM
Author: razzle-dazzle coiffed home bbw

To be fair, this isn't hospice.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392639)



Reply Favorite

Date: June 5th, 2023 5:22 PM
Author: erotic water buffalo

Many people have children that they care deeply about?

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392651)



Reply Favorite

Date: June 5th, 2023 5:27 PM
Author: marvelous lettuce

So kill yourself if leaving your kids money is so important

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392662)



Reply Favorite

Date: June 5th, 2023 5:28 PM
Author: razzle-dazzle coiffed home bbw

To be fair, if leaving money to your kids is important, yet your kids won't take care of you as you are dying, you failed at life and deserve worse.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392669)



Reply Favorite

Date: June 5th, 2023 5:35 PM
Author: erotic water buffalo

Pretty sure being taken care of at home with your kids would probably cost more

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392691)



Reply Favorite

Date: June 5th, 2023 5:23 PM
Author: Costumed soggy nursing home

My end of life care will be a bullet through my brain.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392654)



Reply Favorite

Date: June 5th, 2023 5:27 PM
Author: marvelous lettuce



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392664)



Reply Favorite

Date: June 5th, 2023 8:02 PM
Author: Charcoal forum potus



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393121)



Reply Favorite

Date: June 5th, 2023 9:55 PM
Author: Umber Pervert



(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393511)



Reply Favorite

Date: September 6th, 2023 10:27 PM
Author: splenetic chocolate friendly grandma site

18000000000000

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46763544)



Reply Favorite

Date: June 5th, 2023 5:37 PM
Author: erotic water buffalo

Also this isn’t just UMC. Applies to middle class savers as well

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46392697)



Reply Favorite

Date: June 5th, 2023 8:09 PM
Author: Charcoal forum potus

Let inflation take a crack at those savings first.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393154)



Reply Favorite

Date: June 5th, 2023 8:23 PM
Author: outnumbered charismatic tank boltzmann

My brother has been campaigning for my mom to put the house in an irrevocable trust for the past few years. Somehow she won't do the one thing that will accelerate her being transferred to a state-funded nursing home.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393201)



Reply Favorite

Date: June 5th, 2023 9:04 PM
Author: rebellious jet volcanic crater ladyboy

This happened to my grandfather. Spent the last six years of his life in an Alzheimer's ward. He was a pretty successful businessman and probably had a net worth in the seven figures. The nursing home consumed a lot of what he had, but honestly there was still a lot left over and my parents bought a vacation home when he died.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393343)



Reply Favorite

Date: June 5th, 2023 10:00 PM
Author: erotic water buffalo

If he had splurged all his money instead he would’ve received several hundred thousand dollars from the govt

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46393525)



Reply Favorite

Date: June 10th, 2023 9:32 PM
Author: rebellious jet volcanic crater ladyboy

He was a very frugal Greatest Gen guy. Kept toolboxes of cash hidden around the house with like $20k in them, just in case the banks collapsed.

(http://www.autoadmit.com/thread.php?thread_id=5350818&forum_id=2#46413348)